
LEGALLY SPEAKING: Common tax mistakes young people make
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GUEST – Godfrey Modipa – Tax expert
A recent survey by GOBankingRates found that the top tax day concern among taxpayers aged 18-24 was making a mistake (27%). It’s no wonder, considering that Gen Z is fairly inexperienced with the world of taxes and finances in general. Plus, making mistakes on your tax return could not only mean missing out on certain write-offs, but potentially, facing penalties.
A recent survey by GOBankingRates found that the top tax day concern among taxpayers aged 18-24 was making a mistake (27%). It’s no wonder, considering that Gen Z is fairly inexperienced with the world of taxes and finances in general. Plus, making mistakes on your tax return could not only mean missing out on certain write-offs, but potentially, facing penalties.

